Bitcoin Is the New Gold

Bitcoin Price is ready to target the $60,000 level

Gold Silver Reports — Bitcoin Is the New Gold — I hate to say I told you so, but … well, I told you so. Bitcoin, 1 while still a popular financial asset, is looking less and less like a currency. Online payments company Stripe is ending Bitcoin support. It cites several reasons for doing so:

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Investors Need Trump to Leave the Dollar Alone

Gold Silver Reports – Investors Need Trump to Leave the Dollar Alone — Donald Trump Jr. said recently that the only color his father sees is green. But dollar traders have seen mostly red since President Trump took office.

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Australian Dollar’s Surge Is Bringing Out the Bears

Gold Silver Reports – Australian Dollar’s Surge Is Bringing Out the Bears — The Australian dollar’s longest rally in 18 months is bringing out the bears. The Aussie is poised to go into reverse as the Federal Reserve keeps raising interest rates, while the Reserve Bank of Australia leaves borrowing costs at a record low, said James Athey at Aberdeen Standard Investments in London, who is adding to his short positions. Schroder Investment Management Australia Ltd., which is also short, said the Aussie is likely to trade closer to 70 U.S. cents than 80 cents in 12 months. 

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Dollar Slide Deepens as Euro Strength Saps Stocks

US Dollar Q1 2021 Forecast

Gold Silver Reports – ⭐⭐⭐⭐⭐ Dollar Slide Deepens as Euro Strength Saps Stocks – Despite a U.S. holiday, the dollar dominated trading on Monday as it headed for a fourth day of declines, weakening against every major-currency. The euro’s jump weighed on European stocks, while gold gained.

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South Korea Plans to Ban Cryptocurrency Trading

Best Crypto Exchanges in India

Gold Silver Reports – South Korea Plans to Ban Cryptocurrency Trading – The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion.

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